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Honda Motorcycle and Scooter India is all set to launch a new 100 cc bike tomorrow, presumably called ‘Shine 100’. Here’s what to expect from the upcoming commuter motorcycle.

In the latest plan, 15 billion euros is ringfenced for battery plants and raw materials and 2 billion euros will be put toward a plant in North Carolina for its Scout brand.

The company says that the concept will also debut a new design language for the brand which could move away from the brand’s current ID family.

Both companies denied media reports that said the U.S. company was ending cooperation with BYD on battery supplies.

The new SSP Platform is also expected to underpin the successor to the Taycan and the Panamera

Volkswagen is waiting to hear what Europe's response to the U.S. Inflation Reduction Act before progressing with plans to build new battery plants in Europe

While one model will be developed by Jeep, the second will be developed by Jeep Performance Parts.

For April, Indian refiners Reliance Industries Ltd and Nayara Energy have reportedly snapped up at least five of the about 33 ESPO crude cargoes due to low prices.